Marathon Petroleum Beats Fourth Quarter Profit Estimates
(Reuters) - Refiner Marathon Petroleum beat fourth-quarter profit estimates on Tuesday, helped by strength in its midstream segment. On an adjusted basis, the company reported a profit of 77 cents per share in the quarter, compared with the analysts' average estimate of 2 cents per share, according to data compiled by LSEG.
The stock's fall snapped a three-day winning streak.
Oklahoma partner with Ohio oil company to increase production and connectivity on the Gulf Coast. Projects will be completed ...
Wells Fargo analyst Roger Read raised the firm’s price target on Marathon Petroleum (MPC) to $183 from $182 and keeps an Overweight rating on ...
Canadian oil producers would absorb most of the cost of U.S. tariffs, while a smaller share of the added cost would be passed on to U.S. consumers. Marathon Petroleum Chief Executive Maryann Mannen ...
After days of trying to process what tariffs on Canadian and Mexican oil might mean for their business, U.S. refiners saw ...
The company said, “MPC‘s standalone capital spending outlook for 2025 is $1.25 billion. Approximately 70% of its overall spending is focused on ...
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